E$$onMobil post biggest quarterly profit ever, 14.8 billion

[93SVT]

So how many outstanding shares does that get split into? Whats the $ per share amount? Economic retards forget things like.... hmmm lets see large company = large profits, bingo, that’s it! If company A with 100 shares of outstanding stock and 100 employees turns a profit of $100 is that any different than company B with 1000 shares of outstanding stock, 1000 employees and turns a profit of $1000, using the simple headline number it would appear company B is making 10 times the profit of company A so they must be big and evil right...... errrrr... wait no they are just bigger, everything gets scaled up, capital costs, employee costs, dividend payouts ect…. I don’t get how people don’t understand that…


I’ll save you the time, Exxon Mobile has 5.2 billion, that’s billion with a B outstanding shares of stock, do the math, granted its nice to turn a profit in this economy but that’s by no means some astronomical number that proves they are just making a killing, lets see where they are next ¼ after crude has dropped 60% in a matter of months, will you post up those numbers? Retard haterz

[OrangeCrush 86]

God those poor bastards can't get a break

Yea, damn those US (Texas) based corporations marketing a extremely useful product (not just gasoline) and turning high profits!

[OrangeCrush 86]

So how many outstanding shares does that get split into? Whats the $ per share amount? Economic retards forget things like.... hmmm lets see large company = large profits, bingo, that’s it! If company A with 100 shares of outstanding stock and 100 employees turns a profit of $100 is that any different than company B with 1000 shares of outstanding stock, 1000 employees and turns a profit of $1000, using the simple headline number it would appear company B is making 10 times the profit of company A so they must be big and evil right...... errrrr... wait no they are just bigger, everything gets scaled up, capital costs, employee costs, dividend payouts ect…. I don’t get how people don’t understand that…


I’ll save you the time, Exxon Mobile has 5.2 billion, that’s billion with a B outstanding shares of stock, do the math, granted its nice to turn a profit in this economy but that’s by no means some astronomical number that proves they are just making a killing, lets see where they are next ¼ after crude has dropped 60% in a matter of months, will you post up those numbers? Retard haterz

You beat me to the "common sense" explanation. Thanks.

[68GTO]

Bravo Bill!

Exxon made more $ because of...DEMAND for their products! Wow, that was hard. But, how much did they pay in taxes in the quarter. Any of you negative nellies need to do your research here. The GOVERNMENT made more than Exxon made!

Exxon profit margin = 8+%
The dollars of profit mean that they sold HUGE amounts of their products

Before anyone suggests that there are hidden profits here, WRONG. These are the official numbers for the company - all of it. There is no such thing as evil, big oil.

[00Formula]

So how many outstanding shares does that get split into? Whats the $ per share amount? Economic retards forget things like.... hmmm lets see large company = large profits, bingo, that’s it! If company A with 100 shares of outstanding stock and 100 employees turns a profit of $100 is that any different than company B with 1000 shares of outstanding stock, 1000 employees and turns a profit of $1000, using the simple headline number it would appear company B is making 10 times the profit of company A so they must be big and evil right...... errrrr... wait no they are just bigger, everything gets scaled up, capital costs, employee costs, dividend payouts ect…. I don’t get how people don’t understand that…


I’ll save you the time, Exxon Mobile has 5.2 billion, that’s billion with a B outstanding shares of stock, do the math, granted its nice to turn a profit in this economy but that’s by no means some astronomical number that proves they are just making a killing, lets see where they are next ¼ after crude has dropped 60% in a matter of months, will you post up those numbers? Retard haterz

Yes i do hate retards

Regardless, when they don't make as much money on the next quarterly report do you think they'll take in stride or do you think they'll bitch about it and use that as leverage to raise prices?

[NOTNSS]

Booo!!!! Down with capitalism and making money!!!!

[LS1Z28]

All those bastards who own little peices of that stock are going to be able to put more money back into our hurting economy... OH NOES!!1!

Is it so hard to understand that someone has to have money to spend money for you to ever be able to earn that money?

[MisterCMK]

You beat me to the "common sense" explanation. Thanks.

Common sense and rational thinking is banned on TCS.

[LS1Z28]

Bravo Bill!

Exxon made more $ because of...DEMAND for their products! Wow, that was hard. But, how much did they pay in taxes in the quarter. Any of you negative nellies need to do your research here. The GOVERNMENT made more than Exxon made!

Exxon profit margin = 8+%
The dollars of profit mean that they sold HUGE amounts of their products

Before anyone suggests that there are hidden profits here, WRONG. These are the official numbers for the company - all of it. There is no such thing as evil, big oil.

Imagine how well they (and the rest of us) will do if we tap more of our own resources while waiting for our carmakers to develop rides like the Chevy Volt.
Damn, that would be American money staying in America amongst Americans! Hey, what a concept.

[Miekk]

The GOVERNMENT made more than Exxon made!

What's the profit margin percentage that the Government gets from oil taxes again? What infrastructure are they investing in with that 100% profit? Sure isn't things that result in energy independance...

[93SVT]

Yes i do hate retards

Regardless, when they don't make as much money on the next quarterly report do you think they'll take in stride or do you think they'll bitch about it and use that as leverage to raise prices?

raise prices? Oil is traded on the open market

[OrangeCrush 86]

Yes i do hate retards

Regardless, when they don't make as much money on the next quarterly report do you think they'll take in stride or do you think they'll bitch about it and use that as leverage to raise prices?

Economics 101, if demand goes down prices don't go up.

[Miekk]

Yes i do hate retards

Regardless, when they don't make as much money on the next quarterly report do you think they'll take in stride or do you think they'll bitch about it and use that as leverage to raise prices?

They can order another war or hurricane...

[I Tried]

Good thing when Obama is president he will fix this and give that money to the people who deserve it.

[yagllarouy]

Good job Exxon. Wish I could have made that much money,